Definition of Joint and Several Liability

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TeachMeFinance.com - explain Joint and Several Liability



Joint and Several Liability

Under CERCLA, this legal concept relates to the liability for Superfund site cleanup and other costs on the part of more than one potentially responsible party (i.e. if there were several owners or users of a site that became contaminated over the years, they could all be considered potentially liable for cleaning up the site.)



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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